EOS, or Enterprise Operating System, is a blockchain-based decentralized platform that aims to provide a scalable and user-friendly infrastructure for building decentralized applications (dApps). In this text, we will dive into the history, features, market, mining, and energy consumption of EOS.
EOS was launched in June 2018 by Block.one, a blockchain technology company that also created the EOSIO software. The project raised over $4 billion in its initial coin offering (ICO), making it one of the largest ICOs in history.
The EOSIO software is based on a delegated proof-of-stake (DPoS) consensus mechanism, which allows for high scalability and transaction throughput. DPoS enables token holders to vote for block producers who are responsible for validating transactions and creating new blocks.
EOS has several features that make it stand out among other blockchain platforms. These include:
EOS is one of the largest cryptocurrencies in terms of market capitalization, with a current market cap of over $10 billion (as of March 2023). It is traded on a wide range of cryptocurrency exchanges, including Binance, Huobi, and Coinbase.
EOS is also used as a utility token on the EOS platform, with users required to hold EOS tokens in order to access and use dApps built on the platform.
Unlike some other cryptocurrencies, EOS cannot be mined. Instead, new tokens are created through a token distribution process that takes place over a year-long period. During this period, 2 million EOS tokens are released each day, with these tokens being distributed among EOS token holders who have staked their tokens to vote for block producers.
EOS, like many other blockchain platforms, has been criticized for its energy consumption. The platform uses a DPoS consensus mechanism, which requires a relatively small number of nodes to validate transactions and create new blocks. While this makes the platform highly scalable and efficient, it also means that the energy consumption of the platform is concentrated among a small number of nodes.
Source | Price | %24h | %7d | Volume (24h) | Confidence | Liquidity | Last Update |
---|---|---|---|---|---|---|---|
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386,683 IRR | 2.4% | 0% | 9,678,189,640,130,521,000 IRR |
Medium |
6/10 | 29 minutes ago |
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388,260 IRR | 2.81% | 12.93% | 5,653,093,801 IRR |
Medium |
6/10 | 29 minutes ago |
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389,968 IRR | 2.97% | 0% | 1,542,888,651 IRR |
High |
7/10 | 29 minutes ago |
![]() |
378,000 IRR | 0% | 0% | 0 IRR |
Medium |
6/10 | 29 minutes ago |
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387,480 IRR | 0.02% | 0% | 5,005,811,650 IRR |
High |
7/10 | 30 minutes ago |
![]() |
387,500 IRR | 2.62% | 0% | 21,055,308,706 IRR |
High |
8/10 | 29 minutes ago |
![]() |
389,253 IRR | 2.4% | 0% | 1,827,422,311 IRR |
Medium |
5/10 | 29 minutes ago |
![]() |
387,040 IRR | 2.2% | 0% | 80,761,562,641 IRR |
Medium |
6/10 | 29 minutes ago |